A loan helped a member to buy a new a new French Fry wagon and begin again with her business activity.

La Esperanza 1 Group's story

Cristina is 65 years old. When she was 16, her parents died; she was very attached to them so when she was 19 she got married and she now has 8 children.

This year she will get her 6th credit, with the first one she bought a French fries wagon, with the second credit she invested in a nixtamal mill, with her third credit she expanded her French fries activity and bought pigs, chickens and ducks.

With her fourth and fifth credit she expanded her French fries and her pigs, chickens and ducks businesses.

Last year, she could not make her sales of French Fries with the wagon, due to the COVID-19 pandemic. Because the cart was stored, it broke down.

This year she will buy a new French Fry wagon and begin again with her business activity.

She is very grateful to the Association since her business activities have allowed her to support her family.

Cristina is the leader of La Esperanza Group 1, the group is integrated by 5 women, 1 from the Ixil Maya ethnicity, and 4 from the K’iche’ Maya ethnicity. The group will invest their loan for textile 20% and agriculture 80%. On average, each member of the group has 4 children; the average age of the members of the group is 40 years old. 20% are illiterate, 60% did not ended their primary education, and 20% studied to the tenth grade of Teacher of Elementary School.

In this group: Ana Bacilia, Ana, Andrea Griselda, Antonia, Cristina

This loan is special because:

It's made through a grassroots organization- by the borrowers, for the borrowers.

Loan details

Lenders and lending teams

Loan details